XJO 0.70% 8,269.8 s&p/asx 200

2011 crowded markets , page-37

  1. 5,311 Posts.
    Volt, that 3rd chart demonstrates a daily stoch rule I have. I will buy an oversold daily stoch indication but I wont sell an overbought. I wait for a break of the overbought line as a minimum. This only seems to work on daily charts and I think it's because as a generalization, institutions prefer long bias so there is good buying when things are oversold but not good selling when things are overbought.
 
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